Alexandria Real Estate Investors Face Jan. 26 Deadline in LIC Disclosure Class Action

Law firms are vying to represent shareholders after a $323.9 million impairment tied to the Long Island City property coincided with a sharp stock drop.

Overview

Lead-plaintiff motions are due January 26, 2026 in Warren Hern v. Alexandria Real Estate Equities, Inc., No. 25-cv-11319, pending in the Central District of California.
The putative class covers purchasers of Alexandria securities from January 27, 2025 through October 27, 2025.
Notices from Rosen, Faruqi & Faruqi, the Law Offices of Howard G. Smith, and ClaimsFiler/Kahn Swick & Foti invite investors to seek appointment as lead plaintiff and offer contingency-fee representation.
The complaint alleges Alexandria overstated the value and leasing prospects of its Long Island City asset and touted occupancy stability despite deteriorating conditions.
On October 27, 2025 the company reported weaker Q3 results, cut full-year FFO guidance, and recorded a $323.9 million impairment with $206 million tied to LIC, and the stock fell about 19% the next day.